TMN RESIDENCE LAPAN

TMN RESIDENCE LAPAN in Melaka Tengah, Melaka recorded 3 subsale transactions in 2024, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 535.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.80 million, with most transactions falling within a stable range of RM 1.63 million to RM 1.97 million, and a typical market range of RM 1.59 million to RM 1.97 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 535, with core pricing between RM 438 and RM 632. Market pricing typically extends from RM 487.00 to RM 583.00, reflecting moderate variation in unit pricing. The spread of RM 96.00 (IQR) and deviation of RM 97 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.